Romania: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Romania

In 2021, the Romanian grapefruit juice (single strength) market increased by 46% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, showed a perceptible descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Grapefruit Juice (Single Strength)

Exports from Romania

In 2021, approx. X tons of grapefruit juice (single strength) were exported from Romania; standing approx. at the year before. Over the period under review, exports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of 884%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, grapefruit juice (single strength) exports soared to $X in 2021. In general, exports showed a slight increase. The most prominent rate of growth was recorded in 2015 with an increase of 782%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Belgium (X tons), Moldova (X tons) and the UK (X tons) were the main destinations of grapefruit juice (single strength) exports from Romania, with a combined 99.9% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Moldova (with a CAGR of -5.6%), while the other leaders experienced a decline.

In value terms, Moldova ($X), the UK ($X) and Belgium ($X) constituted the largest markets for grapefruit juice (single strength) exported from Romania worldwide, with a combined 99.9% share of total exports.

Moldova, with a CAGR of +5.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average grapefruit juice (single strength) export price stood at $X per ton in 2021, growing by 31% against the previous year. In general, the export price posted resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 90% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports into Romania

In 2021, overseas purchases of grapefruit juice (single strength) increased by 41% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 84% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, grapefruit juice (single strength) imports skyrocketed to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 91% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Austria (X tons), France (X tons) and Hungary (X tons) were the main suppliers of grapefruit juice (single strength) imports to Romania, together accounting for 78% of total imports. These countries were followed by Greece, Spain, the Czech Republic, Germany and Poland, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +133.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest grapefruit juice (single strength) suppliers to Romania were France ($X), Austria ($X) and Hungary ($X), with a combined 80% share of total imports. These countries were followed by Greece, Germany, the Czech Republic, Spain and Poland, which together accounted for a further 20%.

In terms of the main suppliers, Greece, with a CAGR of +146.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average grapefruit juice (single strength) import price amounted to $X per ton, with an increase of 4.2% against the previous year. Overall, the import price posted resilient growth. The pace of growth was the most pronounced in 2018 an increase of 60%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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